The Coral Triangle Adaptation Marketplace was developed to assist adaptation project developers find appropriate funding opportunities. It uses a "matchmaking" framework to link available funding to coastal and marine climate adaptation projects in an efficient and accessible format. Its function is to connect investors with project implementers according to available funding in an interactive and supported forum, thus increasing the numbers of adaptation initiatives implemented in the Coral Triangle region.
The Coral Triangle’s marine and coastal ecosystems, people, and industries are highly vulnerable to climate change. Under the current climate change trajectory, the ability of the Coral Triangle’s coastal environments to provide food for its local people could decline by 80% by 2100. Without action on global climate change and major investments in adaptation, it is estimated that around 100 million people will be severely impacted. Now that on one hand, funding is available though various organizations and mechanisms, while on the other hand, brilliant ideas of climate adaptation projects are abundant, the challenge is how to let both sides find each other. That’s the challenge this Marketplace is meeting. The scope of the Coral Triangle Marketplace is limited to the Coral Triangle
countries and Fiji.